so it seems Potato Head was in fact AIG, backed up by those with inside info shorting on Potato Heads back! That explains it.
When pog was hi 900's & booming ncm was faultering. When Potato Head was done offloading, ncm bounced up 8.5% (monday). Wonder when the offloading had started, & how hi the intensity was at each point? Ann says it went on all Feb.
Over 50 million shares offloaded. Thats over $1.5 billion in shares in one month. The worst the sp did was about $29. Form guide must say that anything below $30 is very unlikely for next 12 months. Chartists say no, & credit crisis says anything can happen. I beleive mathematical induction is to be respected, so chartists may prove that tearing up form guide is the go.
Wish I bought loads at $29 last week.
NCM Price at posting:
$31.39 Sentiment: LT Buy Disclosure: Held
